EAGLE STAR RESULTS.
At the meeting held last Tuesday of the Eagle, Star and British Dominions Insurance Company the Chairman, Sir - Edward Mountain, Bart., was able to make a very excellent - statement with regard to the position of the company. The Life department, he said, had shown most pleasmg results, the new policies reaching a total of £1,653,180 gross, of which - £95,000 was re-assured. The mortality experience was well within expectation, and he indicated that the Life department would give a satisfactory profit. Moreover, good progress was also reported in other departments, and in the Fire department the premiums showed a slight increase over the previous year, while the net claims showed a considerable decrease. After providing for a Reserve of 40 per cent. of the premium income, the profit for the year totalled £80,174, and Sir Edward stated that it had been decided to take advantage of the favourable year to create a Special Reserve of £25,000 over and above the usual 40 per cent. A. W. K.
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